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theu.s.economyinthefourthquarte of. the u.s. economy in the fourth quarter of last year october, november, december contracted by 0. 1%. one-tenth of 1%. it was the first contraction in three years and it rattles financial markets. much of the slippage in gross domestic product, was due to what the u.s. federal reserves describes as quote weather related disruptions and other transitory facts unquote. the central bank is keeping monetary policy on hold. and says n worth of long-term securities a month, until there is a substantial improvement in the outlook for the labor market. also, the cut back in department of defense outlays, is likely to fuel concerns about the size of a slow down and the full economic fallout of the large quote unquote sequester cuts scheduled for a month from now, the start of march. the president's press secretary said this about the sequester. quote, across-the-board cuts to education, to research and development, would have repeat, would have, damaging effects on our economy and our long-term economic prospects. unquote. a growing number of analysts b
: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: the man picked to lead the central intelligence agency was called today to defend his positions in the war on terror. john brennan's senate confirmation hearing revolved around several hotly debated policies. "newshour" congressional correspondent kwame holman has our report. >> reporter: even before the hearing got truly under way, protesters from code pink disrupted john brennan's opening statement-- signaling that passions were running high on the targeted killings of terror suspects. >> they won't even tell congress what countries we are killing children in. >> reporter: the interruptions continued, and the chair of the sena
was half the size of a football field. it passed, we can happily report, without incident. here to tell us about both events is astrophysicist and author neil degrasse tyson, director of the hayden planetarium in new york city. let's start with what happened in russia. how unusual was that in terms of size and impact? >> well, we couldn't know precisely how common that would be. all we can do is sort of look back at other sort of reported such events. for example, there was an air blast that happened in the airspace over india and pakistan back in 1990s. which happened to occur while they were in intense conversations about their nuclear buildup of arm ament. and so such a blast mimics greatly what would happened with the nuclear blast. it is an instant deposit of energy in the atmosphere. and so forth nationally we were able to tell them, we, i mean people, my scientific brethren who study this, were able to tell them no, that was not somebody's first strike it was actually a cosmic event. so that was in the 1990s. and if this had happened over the pas civic, nobody would have noticed. >>
to hear the president, used to be known as "the people's house." but money power owns the lease now and runs the joint from hidden back rooms. you're looking at the most expensive congress money can buy. the house races last fall cost over $1 billion. it took more than $700 million to elect just a third of the senate. the two presidential candidates raised more than a billion a piece. the website politico added it all up to find that the total number of dollars spent on the 2012 election exceeded the number of people on this planet -- some seven billion. most of it didn't come from the average joe and jane. 60% of all super pac donations came from just 159 people. and the top 32 super pac donors gave an average of $9.9 million dollars. think how many teachers that much money could hire. we'll never actually know where all of the money comes from. one-third of the billion dollars from outside groups was "dark money," secret funds anonymously funneled through fictional "social welfare" organizations. those are front groups, created to launder the money inside the deep pockets. and don
Search Results 0 to 5 of about 6 (some duplicates have been removed)